Business / Agriculture / Offset: Liquidating a purchase of futures contracts through the sale of an equal number of contracts of the same delivery month, or liquidating a short sale of futures through the purchase of an equal number of contracts of the same delivery month. In other words, selling if one has bought, or buying if one has sold, a futures or option contract. Search Google for Offset:

Business / Agriculture / Offsetting Compliance: A requirement that a farmer owning multiple farms who wishes to participate in a crop program must comply with the program’s provisions on all farms under the farmer’s ownership in order to be eli MORE

Entertainment / Golf / Progressive Offset: Where a set of clubs has differing amounts of offset (leading edge of face behind forward edge of hosel) throughout, e.g., more offset in the long irons than in the short irons MORE